RHB Retail Research
Trading Stocks - Inari Amertron
Inari Amertron is set to print a new high, as it breached the immediate resistance of MYR3.68 on strong volume, forming a long white candlestick. If it stays above that level, the bulls may propel the stock towards the uncharted territory of the MYR4.00 psychological level, followed by the MYR4.10 threshold. However, this expectation will be cancelled if it falls below the support of MYR3.59 – forming a “lower low” pattern.
Source: RHB Securities Research - 24 Sept 2021
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